6684 Garrison DrSpanish FortAL36527
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Spanish Fort at 6684 Garrison Dr, Spanish Fort, AL, 36527 priced at $674,900 pairs $2,520/mo rent with after a $3,303/mo payment. Total monthly income equals $2,520/mo. Return on cash invested is 13% in year one, and rental yield stands at 4.48% on a $674,900 basis. Equity gained on principal adds $4,355/yr, and 5% annual appreciation accumulates to $186,462 by year five. Five-year ROI measures 65.1% and total cumulative return in cash reaches $144,547. For financing, Ziffy Mortgage’s DSCR program evaluates $2,520/mo property income against a $3,303/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2016
0.39 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36527, Spanish Fort, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,139 (100%) |
| Owner Occupied HU | 5,682 (69.8%) |
| Renter Occupied HU | 1,768 (21.7%) |
| Vacant Housing Units | 689 ( 8.5%) |
| Median Home Value | $387,509 |
| Average Home Value | $441,848 |
Housing Distribution
Address Breakdown
Residential
7,791
Single Family
6,813
Multi-Family
978
Businesses
484
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Listed by: Mike Toth • RE/MAX By The Bay
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #369735
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.